Niyi Adedoyin - Feb 16, 2022 Form 4 Insider Report for GATX CORP (GATX)

Role
SVP & CIO
Signature
Lisa M. Ibarra, by Power of Attorney on behalf of Niyi Adedoyin
Stock symbol
GATX
Transactions as of
Feb 16, 2022
Transactions value $
-$51,110
Form type
4
Date filed
2/18/2022, 03:57 PM
Previous filing
Feb 4, 2022
Next filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GATX Common Stock Award $0 +1.64K +166.19% $0.00 2.62K Feb 16, 2022 Direct
transaction GATX Common Stock Tax liability -$51.1K -480 -18.31% $106.48 2.14K Feb 16, 2022 Direct
holding GATX Common Stock 401(k) 3.57K Feb 16, 2022 401(k) F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 GATX Corporation's 401(k) plan is a unitized stock fund made up of company stock plus short term investments. Because the fund includes more than company stock, participants hold units of the fund rather than company shares of stock. The number of units held by a participant may vary depending on the performance of the company stock, the overall stock market, and the amount of short term investments in the fund. Such a variance has caused the value of the units in the reporting person's 401(k) fund to be reduced without any actual disposition of shares.